The consistency rule applies to AquaFutures' funded and challenge phase. On both Beginner and Standard plans. Please make sure to read the below carefully before you start trading.
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On all plans a consistency rule of 40% applies, that means that one trading day can not equal or be greater than 40% of the total profits made.
Evaluation Phase
If it does happen that one trading day exceeds the 40% mark of the profit target, you will have to continue trading until the highest profit trading day falls below the 40% mark.
For example:
When you made $1,300 on one trading day within your $50,000 evaluation, your balance should atleast be $3,250 to pass your account. Even if the target to pass your evaluation is only $3,000.
Highest Net Profit Day (sum of your wins and losses) / Total Account PnL
Example: your highest net profit day is +$1,300 and your total PnL on the account at the time is +$3,000 : $1300 / $3000 = 0.43
If the result is greater than 40% (0,4), you would need to continue trading until the percentage falls below the 40% to pass your evaluation.
Having a high-profit day is not an issue as long as you have a higher total PnL on your account to support it.
Funded Phase
When the profits of one trading day equals or is greater than 40% of total profits made that payout period, you CANNOT request a payout until the highest profit trading day falls below the 40% of total profits made on that account within that particular period.
What if I make more than 40% of my total PnL in one day? Will that breach my account?
Your account will not be terminated if you violate the 40% rule, you must continue trading and make more profits until the highest profit trading day falls below the 40% of total profits.
For example if you make $1500 in one trading day, you will atleast need to reach $3750 in total profits within that period to be able to withdraw profits from your account.
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βIf you have any questions, please reach out to our support team, they are dedicated to help you out 24/7. Do not hesitate to reach out through live chat or open a ticket inside our Discord Community.